In August 2024, home prices in Canada continued to remain stable on a national level, with the MLS® Home Price Index (HPI) remaining relatively unchanged month-over-month. The national average sale ...
British Columbia’s provincial government has confirmed that the maximum annual allowable rent increase for 2025 will be capped at 3%, a reduction from the 3.5% allowed in 2024. It is tying rent ...
The BC government recently passed its home flipping tax which was proposed earlier this year. Changes take effect on January 1, 2025. The tax, governed by the Residential Property (Short-Term Holding) ...
A new provincial framework aims to boost housing supply, but key adjustments are needed for effective implementation and long-term affordability solutions.
Many investors are tempted to focus on quick gains, hoping to see returns almost overnight, but just because a market won’t offer such easy wins doesn’t mean you can’t work towards long-term, ...